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Description

Excellent investment opportunity at 34 Oak Street in Augusta! This updated in-town two-unit offers strong rental income and a solid opportunity for an investor looking for an established, income-producing property. The property has benefited from numerous improvements, including updates to the roof, windows, flooring, paint, bathrooms, and more. The property is heated efficiently with natural gas, helping keep overall operating costs manageable. Each unit also has their own washer & dryer, dedicated off-street parking, adding convenience for tenants. Both units are currently occupied on month-to-month rental agreements, with Unit 1 renting for $1, 400 per month and Unit 2 for $1, 300 per month, generating $32, 400 in annual gross rental income. Tenants pay their own electric and hot water. With established rental income, efficient natural-gas heat, dedicated parking, updated major components, and a convenient Augusta location, this property offers an attractive opportunity for both seasoned and first-time multifamily investors. 34 Oak Street, Augusta and 167 Summer Street, Auburn may also be purchased together as a package, with favorable package pricing available. Inquire for details.

Location Details
State:
ME
County:
Kennebec
City:
Augusta
Zipcode:
04330
Street:
Oak
Street Suffix:
Street
Longitude:
W70° 13' 26.1''
Latitude:
N44° 18' 57.1''
Features
Heating System:
Forced Air, Direct Vent Heater, Gas Natural
Cooling System:
None
Basement:
Full, Interior Entry, Unfinished, Bulkhead, Crawl Space
Patio:
Deck
Parking:
1 - 4 Spaces, Gravel, Off Street
Window Features:
Double Pane Windows
Waterfront Features:
Nearby
Sewer:
Public Sewer
Flooring:
Wood, Laminate
Architectural Style:
New Englander
Additional Details
Year Built:
1900
Listing Office
Office:
Maine Source Realty
Additional Information
Water Source:
Public
Stories Total:
3
Stories:
2
On Market Date:
2026-10-02
Number Of Units Total:
2
Lot Features:
Intown, Level, Open Lot, Sidewalks, Near Shopping, Neighborhood, Rolling Slope, Near Public Transit
Levels:
Multi-Level
Foundation Details:
Poured Concrete
Electric:
Circuit Breakers
Construction Materials:
Vinyl Siding, Wood Frame
Building Size:
2430
Financial
Tax Annual Amount:
4112.0
Listing Information
List Agent Mls Id:
018106
List Office Mls Id:
1879
Mls Status:
Active
Modification Timestamp:
2026-10-02T18:39:00Z
Originating System Name:
Maine
Status Change Timestamp:
2026-10-02T14:01:21Z
Address Map
Zoning:
BP
  • Google Map

Augusta

34 Oak Street, Augusta, Maine 04330

0.07 Acre
$289,000
Listing ID #1682897
Basic Details
Property Type :
Residential Income
Listing ID :
1682897
Price :
$289,000
Acreage :
0.07 Acre
Full Bathrooms :
2
Listing Status :
Active
Roof:
Shingle
Agent info
Maine Outdoor  Properties
  • Maine Outdoor Properties
  • 207-653-1389
  • 207-653-1555
  • [email protected]

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Data last updated: 10/06/2026 1:10
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  Listing data is derived in whole or in part from the Maine IDX & is for consumers’ personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved.

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